Asian Shares Mostly Lower

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

HONG KONG--Japanese stocks fell Friday as investors digested domestic inflation data after the latest Russia-Ukraine tensions pushed the U.S. market lower overnight. The Nikkei Stock Average, which has rallied since May, was down 0.4%, as data showed Japanese prices rising ...

U.S. Banks Boosted Lending in 2nd Quarter

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and lease balances rose ...

Thailand Industrial Production Continues to Fall

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's industrial production activity fell for the 16th consecutive month in July, government data released Friday showed--a decline driven by falling auto production and sluggish export growth. The Manufacturing Production Index (MPI), which measures the volume of ...

Oil Adds Small Gains on Russia-Ukraine Tensions

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Eric Yep Crude-oil futures rose slightly in Asian trade Friday, supported by positive U.S. economic data and escalating tensions between Russia and Ukraine. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at ...

Italy's Unemployment Rate Rises to 12.6% in July

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Liam Moloney ROME--Italy's unemployment rate rose in July, hovering near a 40-year high, due to job losses mainly among men, while the youth jobless rate fell. The official jobless rate advanced to 12.6% in July from 12.3% the previous ...

German July Retail Sales Post Largest Decline in Since 2012

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

FRANKFURT--German retail sales in July posted the biggest monthly decline in real terms since January 2012, the country's statistics office said Friday. Retail sales in July fell 1.4% compared with the previous month in real, calendar- and seasonally adjusted terms, ...

Ukraine Accuses Russia of Invasion -- Update

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Gregory L. White in Moscow and Colleen McCain Nelson in Washington Kiev and its Western backers accused Moscow of sending Russian troops and armor to fight alongside rebels in eastern Ukraine, dimming hopes for a diplomatic solution to the ...

Ruble Plumbs New Depth as Ukraine Tensions Rise

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Andrey Ostroukh MOSCOW--The Russian ruble hit its all-time low on Friday as geopolitical conflict in eastern Ukraine intensified with the alleged participation of Russian troops. Kiev said that Russian troops entered eastern regions of Ukraine in supporting of pro-Russian ...

U.K. Consumer Confidence Builds as Economy Grows

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 in July, as ...

UK Consumer Confidence Builds as Economy Grows - GfK

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Jon Sindreu LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 ...

Swiss KOF Economic Indicator Rebounds in August

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator gained for the second month in the past three in August, despite the sluggish recovery in the euro zone dragging on exports of Swiss goods to Europe. The index rose 1.6 points ...

European Markets Gain But Investors Remain Cautious

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

Investors adopted a cautious tone in early trade Friday, ahead of European inflation figures and after German retail data once again underscored the fragility of the continent's economic recovery. Rebounding tentatively from a drop a day earlier triggered by a ...

U.S. Banks Boosted Lending in Second Quarter, FDIC Says

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Ryan Tracy WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and ...

French Producer Prices Resume Falling in July

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By William Horobin PARIS--French producer prices resumed falling in July as energy prices dropped sharply, statistics agency Insee said Friday. France's producer price index fell 0.3% in July from June and was 0.6% lower on the year. Apart from a ...

Ruble Plumbs New Depth as Ukraine Tensions Rise -- Update

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Andrey Ostroukh and Chiara Albanese MOSCOW--The Russian ruble hit a new low on Friday as geopolitical conflict in eastern Ukraine intensified with the alleged participation of Russian troops. Kiev said that Russian troops entered eastern regions of Ukraine in ...

European Markets Gain But Investors Remain Cautious

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Josie Cox Investors adopted a cautious tone in early trade Friday, ahead of European inflation figures and after German retail data once again underscored the fragility of the continent's economic recovery. Rebounding tentatively from a drop a day earlier ...

Japan Inflation Rate Steady

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

TOKYO--Japanese prices continued to rise briskly in July with the rate of inflation remaining steady, suggesting that the country's economic recovery trend remains intact despite the recent contraction in growth. Government data released Friday showed that the nationwide core consumer ...

Dollar Tad Higher Against Yen In Directionless Trade

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Hiroyuki Kachi The dollar was a tad higher against the yen in rangebound Asia trade Friday, with the greenback unable to find clear direction amid a lack of fresh cues. As of 0450 GMT, the dollar was at Y103.80 ...